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An insurance company has the following historical period data available concerning registered insurance premiums (in millions of euros) for annual insurance policies: Calendar year Registered
An insurance company has the following historical period data available concerning registered insurance premiums (in millions of euros) for annual insurance policies:
Calendar year | Registered insurance premiums |
2015 | 500 |
2016 | 550 |
2017 | 600 |
2018 | 650 |
The insurance company has imposed the following changes in the rates of all contracts:
01/07/2015: +2% ,
01/07/2016: - 5% 01/07/2017: 4%
01/07/2018: + 9% Calculate the adjusted total risk exposure using the parallel method based on the adjusted registered premiums.
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